Bob Brooks call to order 7:00p.m.

 

In attendance: Buck Reese, Gerald Oliver, Anthony Simmons, Rhee Nelson, Bob Brooks, Kris Milstead – Herman Mgmt, Gina Eagan – Secretary

 

Concord Police reported the next litter sweep would be held 9/22 thru 9/29. Buck made a motion to participate on 9/22 at 9:00 a.m. Second by Gerald. No one opposed. Motion passed.

 

Meeting minutes for June 12th and July 16th were presented for approval. Anthony made a motion to approve the meeting minutes. Second by Buck. No one opposed. Motion passed.

 

Resident comments and questions

- Pat Sanders commented about the seminar that the board members attended. She also suggested obtaining bios of potential board members for the next election.

 

- Terry Morgan discussed ARC approval concerns.

 

- Jim Stahl spoke about the appearance of George Lyles Blvd. surrounding Laurel Park property boundaries.

 

Committee Reports

Pool – Scott is gathering info for next year’s budget and mentioned that the pool cover still needs to be voted on. Buck made a motion to approve the pool cover for $7679.00 Second by Gerald. No one opposed. Motion passed.

 

ARC – Sherise reviewed ARC approvals from meetings held on 7/19 and 8/5.

 

Social Committee – Sherise reviewed upcoming events. A specific questioned was raised regarding the association holding a wine tasting event. Kris stated that the HOA should not sponsor any event with alcohol. Sherise reported in 2006, before the social committee had allocated funds in the HOA budget, fund-raising events were held in the neighborhood to raise money specifically for the social committee. In late 2006, the HOA board requested that the social committee turn over all funds to the treasurer. The funds were given to the treasurer at that time, but they did not appear in the 2007 budget. Sherise requested that those specific funds be allocated to the Social Committee.

 

Clubhouse – Al gave clubhouse updates regarding the locking cabinets.

 

Landscape – Long range planning meeting took place at beginning of August. Other landscaping issues discussed. Kris will follow-up with Niblock regarding some common areas that Niblock agreed to repair. Rust or iron stains were discussed. A proposal was made to temporarily fix the iron stains by cleaning them and requested an approval of $3100.00 maximum cleaning fee. The landscape committee will explore other long-term solutions. Motion made by Rhee. Second by Buck. No one opposed. Motion passed. Jim suggested Niblock share in the expense.

 

Financial report – Buck Reese reported that he had reviewed the CDs of the Homeowners' Association.  The owner of record for all CDs is the Laurel Park Homeowners' Association.  The maturity dates of the CDs were also reviewed.  The total value of the 6 CDs at last posting was $82,612.31.  There are 5 CDs deposited at Piedmont Bank and 1 CD deposited at First Charter.

 

Buck also reported that through July 31st, the HOA is approximately $23,000 or 19.3% over budget.  We expect this figure to be more in line with budget by the end of this fiscal year.  May, June, July and August are our most expensive months with the pools in operation.  We have spent the entire overage (budget) on non-budgeted items for the pools.

 

 

Agenda re-arranged so that Jim Jarrett with Nationwide could review insurance policies. Jim reviewed insurance policies with board members.

 

Note:

The irrigation system may need to be added to insurance coverage.

 

 

Derek Greene, co-owner of Community Association Management, reviewed the company’s business policies and practices.

 

The Board voted to approve the following items

 

  1. Scooperman pet waste service – Approved subject to decision on which one, alum or poly, not to exceed $1933.80.
  2. Basketball goal – Approved subject to price
  3. Herman management contract approve to the rest of the year without further review.
  4. Approved Michael S. Hunter as our attorney going forward.
  5. Bob Brooks and Rhee Nelson to finish accumulation of association records

 

Meeting adjourned at 10:15pm